Gilbert Arenas’ obsession with making a large amount of money is a well-known fact. He appears to be less willing than other players to give up a significant portion of his earnings in exchange for a championship ring. In a refreshingly honest statement, the former Washington Wizard outright refused the opportunity to trade his career earnings of $171 million for $120 million and an NBA ring. He stated that he finds more satisfaction in earning a substantial salary than in winning a championship. He even went as far as to say that he would only consider buying a championship ring if it cost no more than $10,000.
Speaking on his podcast, called “Gil’s Arena,” Arenas debated the topic of money versus a championship ring in the NBA. Throughout his 11-year career in the league, Arenas was known for being an electrifying point guard, averaging 20.7 points per game. However, he never had the chance to be part of a championship-winning team. While some may speculate that Arenas will eventually regret his decision, he remains happy with earning millions from playing basketball at a high level.
Despite signing a contract worth $330,000 as a second-round pick, former NBA All-Star Gilbert Arenas found himself struggling financially during his rookie season. Looking back on his career and sharing candid stories with Bleacher Report in 2019, Arenas recalled living paycheck to paycheck and facing financial difficulties in the middle of the month. Luckily for him, his talent helped him overcome these troubles as he performed exceptionally well for the Warriors, surpassing the expectations of his rookie contract. As a result, he secured a lucrative $60 million deal with the Washington Wizards after just three seasons in the league.
According to the Source firstsportz.com